Finland's Nokia Oyj, the remainder of the company after selling its mobile division off to Microsoft last year, is close to a deal to buy Alcatel-Lucent's mobile networks unit to boost its core…
Economy
Economy
Hangzhou-based Alibaba Group, China's largest business-to-business online store, said it has a range of measures to fight counterfeit items going through its site, Reuters reported on Tuesday.…
Economy
The Iranian Space Agency (ISA) has said it is determined to continue its projects of sending humans into space as well as sending a research satellite into space if the administration finances…
Economy
Mobile Telecommunications of Iran (MCI), known informally as Hamra-e-Aval, has announced its intention to hold its annual general meeting (AGM) on June 1. The large mobile line provider made the…
Economy
The industrial and mining trading floor of the Iran Mercantile Exchange (IME) played host to 69,200 tons of various steel sheets offered by Mobarakeh Steel Company on Monday trading, according to…
Economy
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says it will unveil a top-priority plan in the central town of Bafq in Yazd Province to extract and produce…
Economy
Inspecting industrial projects in the southern province of Fars, minister of industry, mine and trade, Mohammad Reza Nematzadeh anticipated that the domestic steel production chain will be…
Economy
The national Iranian Copper Industries Company (NICICO) is targeting to produce 400,000 metric tons of copper by 2019, Eghtesadnews reported. According to Ahmad Moradalizadeh, the NICICO general…
Economy
After a January 2014 visit to Iran, Martin Cerisola, the International Monetary Fund’s assistant director, said Iran “stands at a crossroad” and at risk of low growth unless it enacts “fundamental…
Economy
As changes in the value of foreign exchange rates could heavily affect foreign trade, the government needs to help stabilize the currency market and enhance the value of the rial which can act as…
Economy
Bank Melli has managed to reduce bad debts by 60 trillion rials in the past Iranian year, the managing director of the bank announced.
Economy
The newly-revived Management and Planning Organization plans to help provide low-cost loans (4-percent) to the cooperative sector. Accordingly, a plan is in place to provide 930 billion rials in…
Economy
Four new mutual funds received their permits from the Securities and Exchange Organization this month, according to Securities and Exchange News Agency (SENA). One of the funds, which is…
Economy
Iran exported close to $195.6 million worth of goods to the US over the past Iranian calendar year (ended March 20), IRNA reported, citing the latest statistics released by Iran’s Customs…
Economy
Around $2.28 billion worth of wheat was imported during the past Iranian calendar year (ended March 20), ISNA reported, accounting for the largest share of Iran’s non-oil imports (excluding gas…
Economy
About 25.8 million tons of non-oil commodities including gas condensates valued at $19.5 billion were exported via Bushehr Province’s customs terminals over the past Iranian calendar year (ended…
Economy
Nearly five centuries after coffee was first introduced in Iran, the domestic coffee industry remains largely underdeveloped, with only a handful of domestic companies active in coffee processing…
Economy
Roads and Urban Development Minister Abbas Akhoundi arrived in Iraq on Monday to attend the long-awaited official implementation by the Iraqi government of the 35 km remaining part of a railway…
Economy
Ford US, has patented a new type of transmission published on April 9 by the country’s Patent and Trademark Office, World Car Fans reported on Monday. The new design is believed to be part of Ford…
Economy
Yet to be launched in Iran, the new Honda Jazz hatchback has already been launched in other emerging markets around the world. Now, in one of the markets where the Honda Jazz has been already…
Economy
General Motors, formally part owned by the American government, has announced it may plan to spend as much as $1 billion renovating its Technical Center, a faculty which is over half a century…
Economy
Vietnam’s new vehicle market continued to grow strongly in March, with sales jumping by over 63% to 15,201 units from 9,316 units a year earlier, according to data released by the Vietnam…
Economy
The government has issued the import permits of 300 double cab pickups with engines over 2.7 liters for the ministry of agriculture, Donyaye Khodro reported on Sunday. Car import tariffs in the…
Economy
The Iranian currency fell across the board on Sunday, as stocks plummeted. The dollar advanced versus the rial, pushing the rial down against all other major currencies and gold.
The…
Economy
Having prepared the infrastructure for exiting recession, the ministry of industry, mine, and trade has opened $7 billion worth of credit line for industrial and manufacturing projects, deputy…
Economy
